6711 Bishop Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2026 | Price Increased |
$1,200,000
↑ $950K
(380%) | |
| Price Increased | |||
| Mar 3, 2026 | Listed by M. Lux Realty | $250,000 | |
| Listed by M. Lux Realty | |||
| |||
|
Welcome to Lot 1 at 6711 Bishop Road, a premier lakeview estate homesite located in the exclusive Le Chateau Estates community in South Fulton. Created in response to the growing demand for executive custom home sites, Le Chateau Estates offers an exceptional opportunity to build your dream luxury residence on spacious estate-sized land. This distinguished community features larger and wider homesites, lakefront lots, and private estate tracts, offering the space and flexibility rarely found in traditional subdivisions. At Le Chateau Estates, homeowners enjoy the freedom to design and build stunning European-inspired or Modern luxury homes without the constraints of a typical subdivision. Situated on a beautiful 44-acre pasture, this private enclave includes only 23 custom luxury estate homesites, creating an intimate and refined neighborhood setting. Conveniently located just off South Fulton Parkway in the desirable Camp Creek corridor, residents enjoy close proximity to Camp Creek Marketplace, Hartsfield-Jackson International Airport, and Downtown Atlanta - approximately 17 miles away. Homes within Le Chateau Estates are designed exclusively by celebrity award-winning architect Boye Akinola, offering distinctive architecture and luxury living at its finest. Homes in the community are projected to range from the high $900,000s to over $5 million, depending on the design and level of customization.
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| Feb 16, 2026 | Listed by M. Lux Realty | $1,400,000 | |
| Listed by M. Lux Realty | |||
| Aug 28, 2023 | No longer available | - | |
| No longer available | |||
| Nov 27, 2022 | Price Increased |
$200,000
↑ $10K
(5.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017